Treasure Hunting Map ( Nifty ) - 10 dec

Hello Pirates

Nifty is forming a range bound situation and trading in a tight range of 5180 and 5050 levels for the week, any side brake out would lead to any side brake out and around 50 - 100 points can easily be gained.

As of now traders seems to leave nifty in its on way and thus its not getting support from its favorite traders due to range bound situation.

We have just 2 days left for the session for the week, keep eagle eyes on 5180 and 5050 either side brake out would decide the winner and the winner would be getting a hammer from the looser very soon which would be known as revenge.

Treasure Hunting Map for the session is as follows : -

Buy Nifty above 5117 for a target of 5129 - 5142 and above 5150 can touch 5158 - 5173 +
Stop Loss - 5101

Sell below 5085 for a target of 5072 - 5059 and below 5050 can touch 5044 - 5028 -
Stop Loss - 5112

Magic Levels for Long Side above 5143 - 5096 and Short Side below 5128 - 5081

Nifty Resistance : - 5117 - 5122 - 5127 - 5143 - 5172 - 5189

Nifty Supports : - 5106 - 5101 - 5096 - 5080 - 5058

We would like to wish all the Pirates a very all the BEST.

Disclaimer : -

The above stocks are my personal views, one may see that trading in the market involves risk and thus one may trade in the stocks at there own risk, we won't hold any responsibility.

Regards

Treasure Captain

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